Category: ICO

Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security

As national security experts, we invariably view emerging technologies through a lens that focuses on risk, mitigation and safety. We have decades of combined experience in numerous national security roles across the U.S. government, including careers at the FBI, CIA, U.S. Secret Service, and Departments of Justice and Treasury. Our experiences range from establishing the first dedicated digital asset illicit finance investigation unit, to high level roles at the CIA’s Center for Cyber Intelligence, to dismantling transnational organized criminal groups. Source

Crypto Traders Searching for Further Leverage on MicroStrategy Are Winning Massively

“T-Rex’s 2x Microstrategy ETF MSTU launched a mere six weeks ago and is already up 225% (annualized equivalent of 57,000%) and trades half a billion in volume (Top 1% among ETFs),” said Eric Blachunas, a senior Bloomberg ETF analyst. “It’s so funny they’ve long had 3x MSTR ETFs in Europe but no one cares, no assets, volume. It’s the market for that amount of heat, no degens. The U.S. on the other hand, it’s ‘make it volatile and they will come.’” Source

Fortune Claims Polymarket Is ‘Rife’ With Wash Trading

The Fortune article, which debuted about a week after suspicions of a different kind of manipulation on Polymarket, cited research done by two blockchain analytics firms. One, Chaos Labs, “concluded that around one-third of trading volume — and overall users — on the presidential market alone was likely wash trading, along with across all markets.” The other, Inca Digital, “found that a ‘significant portion of the volume’ on the market could be attributed to potential wash trading,” the magazine said. Source

Making Crypto Tokens Useful and Fair

What does it mean for a token to be useful? The best heuristic is whether people want to hold it for some reason other than as an investment. For example, some tokens grant access to blockchain-based products or services, similar to how baseball tickets grant access to a game. Other tokens coordinate human decision-making, as with governance tokens, or incentivize human work, as with base layer infrastructure tokens. And even other tokens memorialize contributions to a system, whether it be data or something else valuable (but that isn’t an investment).…

Ether Price (ETH) Could be Primed to Rise Relative to Bitcoin (BTC)

Ether itself has remained in the same trading range since early August, with the current level of $2,700 providing two firm rejections on Sep. 27 and Oct. 21. During that period bitcoin surged from below $60,000, yesterday testing its record high from March of just shy of $73,800. Ether remains about $2,000 below its record high set all the way back in November 2021. Source

How Public Blockchains Will Catalyze Institutional DeFi Adoption

Emerging regulatory frameworks, such as the EU’s Markets in Crypto-Assets (MiCA) and Singapore’s Payment Services Act (PSA), are providing much-needed clarity. Historically, private blockchains have been the go-to choice for institutions, serving as secure and compliance-friendly sandboxes. However, their restricted and siloed nature limits participation, leading to low liquidity, inefficient price discovery, and volatility for otherwise stable assets. With increased regulatory clarity, decentralized blockchains, like Ethereum or Solana, will likely become the favored path for institutions. Source

AI Data Collection Startup Sapien Raises $10.5M Seed Funding Led by Variant

The Sapien team, led by Rowan Stone, the former co-creator of Coinbase’s layer 2 network Base, and Trevor Koverko, founder of Polymath and author of RWA standard ERC1400, are incentivizing a growing army of data labelling workers with with either USDC stablecoin or a system of reward points. The data work can anything from people labelling everyday items like traffic signs using a mobile device, to pinpointing particular types of cancer cells. Source